HOUSTON, Dec. 26, 2024 - **KULR Technology Group, Inc.** (NYSE American: KULR) has announced a significant investment in cryptocurrency, completing the purchase of **217.18 Bitcoin (BTC)** for approximately **$21 million**, averaging **$96,556.53 per BTC**.

### Strategic Move Towards Bitcoin Treasury
This acquisition is part of KULR's **Bitcoin Treasury strategy**, which was revealed on December 4th. The company intends to allocate up to **90% of its surplus cash** towards Bitcoin, marking this purchase as the **first of many** planned transactions.

### Custody and Management through Coinbase
KULR has partnered with **Coinbase’s Prime platform** for custody services, including **USDC** and **self-custodial wallet services** for its Bitcoin holdings.

### About KULR Technology Group Inc.
KULR Technology Group Inc. specializes in **advanced energy storage solutions** for sectors like space, aerospace, and defense. Leveraging in-house battery design and testing capabilities, KULR aims to deliver next-generation energy storage systems efficiently and cost-effectively. For further details, visit [www.kulrtechnology.com](https://www.kulrtechnology.com).

(NYSE American: KULR) a leader in advanced energy management platforms, today announced that it has completed the purchase of 217.18 Bitcoin ...

KULR Technology Group Makes Waves with $21 Million Bitcoin Acquisition

![Bitcoin (BTC) 'Santa Rally' Might Be Dangerous, XRP Critical But Stable, Dogecoin (DOGE) Volume Hints at Bearish Drop](https://u.today/sites/default/files/styles/736/public/2024-12/54936.jpg)

The so-called **"Santa Rally" of Bitcoin**, typically a time of optimism and price increases during the holiday season, is beginning to show **indications of danger**. After a brief decline below the **50 EMA at $95,000**, Bitcoin has managed to recover and is currently trading close to **$97,000**. There is increasing concern that this rally may ultimately form a **lower high**, a traditional sign of a downtrend continuation.

A bearish pattern would be validated by a lower high, which might trigger a **sharp decline** in price. Bitcoin may find it difficult to sustain the positive momentum observed in previous months if it is unable to rise above prior highs of about **$104,000**. Bitcoin may move toward important support zones if it is unable to recover higher levels; the **100 EMA at about $84,500** is a crucial level to keep an eye on.

Rapid changes in sentiment and momentum for Bitcoin, which has been experiencing growing selling pressure in recent weeks, pose a threat. Despite the asset's attempts to rebound, volume indicators point to a mixed picture. Bitcoin's recent recovery might not last if this pattern continues. This is consistent with the general ambiguity surrounding Bitcoin's future. If the market does not make a clear move above **$100,000**, it may be more susceptible to a more severe correction, with **$84,500** and even **$76,000** as possible targets.

### XRP stays pressured

Since its downward trend is still very much in place, **XRP** is still under pressure. Over the past few weeks, the asset has been steadily declining, creating a **bearish channel** that has brought it near important support levels. In order to decide whether it will stabilize or continue to decline, XRP is currently testing its **26 EMA**.

The persistent downward trend draws attention to the unpredictability of XRP's market conditions. When combined with declining trading volumes, the descending channel indicates that investors are reluctant to make a strong comeback to the market. If the general state of the market deteriorates, this lack of conviction makes XRP more susceptible to selling pressure.

XRP has been able to maintain a comparatively stable position close to its **26 EMA** in spite of the dire short-term outlook. A sustained hold above this level could offer some respite for the asset, as it has historically served as a crucial support during volatile times. A break below this level, though, would probably quicken the decline and move XRP closer to the **$1.80-$1.50** range, which is home to the **50 EMA** and other historical supports.

### Is DOGE relevant?

The fact that **Dogecoin's trading volume** is still low, a trend that has persisted over the past few weeks, indicates that its momentum is waning. As a reflection of the present uncertainty surrounding the asset, the market's lack of notable activity is both worrisome and intriguing. A lack of demand is frequently linked to low volume from a bearish standpoint, which can intensify downward pressure.

DOGE has had difficulty breaking through important resistance levels, lingering at **$0.34**, without making any headway. The general downward trend that began following its surge to **$0.48** has continued as a result of this stagnation. Because of the low trading activity, which indicates that market participants are reluctant to commit, DOGE is susceptible to additional declines. Still, there are some positive aspects to the muted volume.

In many instances, low volume during a downtrend can indicate the **end of selling pressure**. This could mean that bearish momentum is waning, which could lead to a reversal, or at least a brief retracement. Around **$0.28**, where the **100 EMA** is located, Dogecoin may find support if bulls are able to intervene at this point. A recovery from this level might pave the way for one that goes higher — perhaps as high as **$0.37**.

Despite short-term surge, Bitcoin quickly rebounded, and "Santa Rally" did not provide enough traction

Is the Bitcoin 'Santa Rally' a Trap? Analyzing Market Trends for BTC, XRP, and DOGE

![Bitcoin ETF Outflows Hit $1.5B as Price Retreats](https://s.yimg.com/ny/api/res/1.2/O.5Q1hjCxeAvJvlomKMlwQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/indexuniverse.com/a316bf42b317c7587c315059a3f94bd9)

**Bitcoin exchange-traded funds** faced over **$1.5 billion** in net outflows in just four days, coinciding with a **drop in Bitcoin's price** to around **$96,000**, which is an **11% decline** from its record high of **$108,268** set earlier this month, according to data from **CoinMarketCap**.

As **investors** react to this trend, it signals **caution** following Bitcoin's first weekly decline since the election victory of **Donald Trump**. Additionally, the **Federal Reserve's** recent statements regarding inflation and interest rates have significantly impacted market expectations.

Despite these outflows, **institutional interest** in Bitcoin remains robust. For instance, **MicroStrategy** disclosed a **$561 million acquisition** of **5,262 bitcoins** at an average price of **$106,662**, as noted in a filing with the **Securities and Exchange Commission**. The company now holds a total of **444,262 bitcoins**, purchased for approximately **$27.7 billion**.

Among the ETFs, **BlackRock's iShares Bitcoin Trust (IBIT)** experienced its largest single-day outflow of **$188.7 million**, totaling **$229.7 million** over four days. The **Fidelity Wise Origin Bitcoin Fund (FBTC)** led the outflows with **$509.6 million**, while the **ARK 21Shares Bitcoin ETF (ARKB)** saw **$286.1 million** in withdrawals.

Other notable outflows included **Grayscale's Bitcoin Trust ETF (GBTC)** and **Bitcoin Mini Trust (BTC)**, which combined lost **$372.1 million**. Conversely, the **Franklin Bitcoin ETF (EZBC)** was the only fund to record positive flows, gaining **$5.6 million** during this period.

Year-to-date, IBIT has led with **$37.1 billion** in inflows, while FBTC attracted **$11.7 billion**. In contrast, GBTC has seen **$21.3 billion** in outflows since its conversion from a trust structure.

![iShares Bitcoin Trust YTD Fund Flows](https://s.yimg.com/ny/api/res/1.2/UzXXnRx2rg6c8JRi_kJyEA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQwMjtjZj13ZWJw/https://media.zenfs.com/en/indexuniverse.com/e2a427ff231b1f8fdbc1114e70c34807)

Institutional players remain committed to bitcoin despite recent outflows, as the cryptocurrency retreats from its record high.

Bitcoin ETF Outflows Surge to $1.5 Billion Amid Price Drop: What It Means for Investors

In a **groundbreaking move**, Strive Asset Management is unveiling an **innovative ETF** designed to provide investors with exposure to Bitcoin through unconventional means. The **Strive Bitcoin Bond ETF** aims to offer a pathway to Bitcoin investment by focusing primarily on **“Bitcoin Bonds,”** specifically utilizing **MicroStrategy’s holdings** as the primary vehicle.

**The Core Strategy**  
This actively managed fund dedicates a significant portion—**at least 80%**—of its assets to Bitcoin-related **convertible securities** and **derivatives**, such as swaps and options. The strategy involves a calculated mix of direct securities and derivative instruments, with decisions influenced by factors like cost efficiency and potential returns. Additionally, the fund will reserve cash in **short-term US Treasury securities** and may diversify into other Bitcoin-centric investment channels.

**Concentration on Innovation**  
Operating as a **non-diversified entity**, the ETF concentrates its investments in select issuers, notably **MicroStrategy**, and places over **25%** of its assets into companies within the **software and technology sectors**. Empowered Funds, LLC, will act as the fund’s adviser, employing a dynamic **“manager of managers”** approach that allows for modifications of sub-advisers without the need for shareholder consent.

**Market Platform and Distribution**  
Traded on the **New York Stock Exchange**, the ETF’s holdings will be secured through the **Depository Trust Company**. Aiming to meet the standards of a regulated investment company, the ETF plans to distribute net investment income **quarterly**, with capital gains shared **annually**. It reserves the right to participate in securities lending up to **a third of its assets** and may invest up to **15%** in non-liquid securities.

By leveraging MicroStrategy’s innovative Bitcoin treasury strategy, the fund seeks to capture the growing demand among investors for **alternative routes to Bitcoin exposure** using novel financial instruments.

### Cryptocurrency Predictions and Investment Insights: Navigating 2025 and Beyond  
As the cryptocurrency landscape continues to evolve, investors are increasingly seeking guidance on the future of **digital currencies** and the risks and opportunities associated with investing in cryptocurrency-related financial products, such as Bitcoin bond ETFs. With predictions for cryptocurrency dynamics in **2025** becoming a vital topic, it’s essential to understand both the **potential rates** and the inherent risks involved.

**Expert Predictions for 2025: What Lies Ahead?**  
Cryptocurrency rate predictions for 2025 are varied, reflecting both **optimism and caution**. Some analysts anticipate strong growth in Bitcoin value, potentially reaching **new all-time highs** due to increased **institutional adoption** and broader acceptance of digital assets. However, others warn of potential **regulatory crackdowns** or **technological hurdles** that could hinder growth. Given such divergent viewpoints, investors should carefully analyze market trends, seek expert opinions, and remain informed about technological advancements that might influence these digital currencies.

**Investment Risk and What It Means for You**  
Investing in cryptocurrencies or related financial instruments presents unique **risks and opportunities**. Key among them is **market volatility**. While high volatility can lead to significant short-term gains, it equally raises the potential for substantial losses. Additionally, **regulatory risks** remain prominent as governments worldwide grapple with how to oversee digital currencies effectively.

For investors considering products like Bitcoin bond ETFs, assessing the specific risks associated with the underlying assets, such as **Bitcoin price fluctuations** and blockchain technology’s uncertainties, is crucial. As always, **diversifying investment portfolios** can help mitigate some of these risks.

**Pros and Cons of Cryptocurrency Investments**  
Contemplating an investment in cryptocurrency comes with its share of **pros and cons**:

**Pros:**  
– **High Growth Potential:** Cryptocurrencies have shown remarkable growth rates and potential for substantial returns.  
– **Diversification:** Cryptocurrencies add diversity to investment portfolios, which can provide a hedge against traditional market downturns.  
– **Innovation:** Investing in digital assets can allow investors to participate in groundbreaking financial technology developments.

**Cons:**  
– **Volatility:** The volatility of digital currencies can lead to significant financial exposure and losses.  
– **Security Concerns:** While blockchain technology is secure, the broader cryptocurrency space has seen scams and cyberattacks.  
– **Regulatory Uncertainties:** Evolving regulatory landscapes pose risks to digital asset investments.

**Controversies Surrounding Cryptocurrency**  
Cryptocurrency investments are not without controversy. Debates continue over their **environmental impact**, especially energy-intensive processes like Bitcoin mining, as well as their potential use in **illicit activities** due to the anonymity they can offer. It’s essential for investors to weigh these factors along with the larger market potential when considering entering the space.

For those interested in exploring further, credible resources such as [CoinDesk](https://www.coindesk.com) provide valuable insights and the latest developments in cryptocurrency markets.  
As we approach 2025, crypto investments remain a dynamic field requiring careful planning and a balanced approach to risk and opportunity. Staying informed and vigilant about market changes and controversies will empower investors to make better decisions in the rapidly evolving digital asset landscape.

New ETF Promises Unique Access to Bitcoin—But There's a Catch! - Bitcoin Perfect

Unlocking Bitcoin: The ETF Revolution with a Twist!

### A Bold Prediction from Bitwise

Jeff Park, head of alpha strategies at **Bitwise Invest**, has made a striking prediction: the price of **Bitcoin** could skyrocket to **$1 million** if the **U.S. government** establishes a Bitcoin reserve. In a recent tweet, he stated, "That’s the only math in which **Bitcoin** can hit **$1mm+** in **2025** when it happens."

### The Probability of a Bitcoin Reserve

However, Park is cautious, estimating only a **10% chance** of a federal Bitcoin reserve being created next year. This skepticism is echoed by various market analysts and stakeholders.

![Bitcoin Price Prediction](https://u.today/sites/default/files/styles/736/public/2024-12/32100.jpg)

### Legislative Efforts and Global Perspectives

Earlier this year, **Senator Cynthia Lummis** proposed a draft bill mandating the **U.S. Treasury** to acquire **1 billion Bitcoins** over five years. This proposal has sparked considerable debate about its feasibility. In contrast, **Polymarket** buyers believe there is a **31% chance** of a Bitcoin reserve being established in **2025**.

Despite growing interest, some governments remain skeptical. For instance, the **Japanese government** has expressed doubts about investing its foreign currency reserves in Bitcoin.

### Expert Opinions on Future Prices

**Mike Novogratz**, CEO of Galaxy Digital, shares Park's skepticism about the near-term establishment of a Bitcoin reserve. However, he predicts that if the U.S. government does pursue this strategy, Bitcoin's price could surge to **$500,000**, potentially leading to a domino effect among other nations.

**Tom Lee** of **Fundstrat** also sees the possibility of Bitcoin reaching **$250,000**, emphasizing that the price could escalate even further if a Bitcoin reserve is implemented. 

### The Market's Reaction

As discussions around Bitcoin reserves continue, market sentiment remains mixed, with some analysts advocating for caution while others are optimistic about Bitcoin's future. The upcoming months will be crucial as the crypto landscape evolves.

A Bitwise exec sees only a 10% chance of a federal Bitcoin reserve being created in 2025

Could Bitcoin Really Reach $1 Million Next Year? Insights from Bitwise Executive

### Strive's ETF Seeks Bitcoin Exposure Through MicroStrategy-Inspired Derivatives

Strive Asset Management is **launching a new ETF** designed to provide **exposure to Bitcoin** via convertible securities, primarily focusing on **MicroStrategy’s holdings**. The **Strive Bitcoin Bond ETF** aims to capitalize on the growing institutionalization of Bitcoin.  

- **Investment Strategy:** The ETF will invest at least **80% of its assets** in "Bitcoin Bonds" and related derivative instruments, including **swaps and options**. It will actively manage positions in Bitcoin-linked convertible securities and derivatives, making allocation decisions based on cost and return potential.  

- **Asset Management:** The fund will maintain **cash positions** in short-term US Treasury securities and may invest in other Bitcoin-focused investment vehicles. As a **non-diversified fund**, it can concentrate holdings in single issuers like MicroStrategy and allocate over **25% of assets** to the software and technology sector.

- **Management Structure:** Operated under a “manager of managers” structure, the ETF will be advised by **Empowered Funds, LLC**, which has the flexibility to appoint and replace sub-advisers without shareholder approval.  

- **Trading and Performance:** The fund’s shares will trade on the **New York Stock Exchange** and be held through the **Depository Trust Company**. Its performance will be closely tied to **MicroStrategy’s Bitcoin investment outcomes**, as the company has been adopting a **Bitcoin treasury strategy** since 2020.

- **Investor Appeal:** The ETF intends to leverage MicroStrategy’s investments by utilizing its derivatives positions as novel financial instruments, showcasing the growing investor appetite to use MicroStrategy as a **proxy for Bitcoin exposure**.

The ETF plans to qualify as a regulated investment company and aims to distribute **net investment income quarterly** and **capital gains annually**. It may engage in **securities lending** up to **33 1/3% of total assets** and can invest up to **15% in illiquid securities**.

Strive's new ETF aims to capitalize on MicroStrategy's Bitcoin investments, offering exposure to companies holding Bitcoin.

Unlocking Bitcoin Exposure: Strive's Innovative ETF Tied to MicroStrategy Holdings

### Overview
After the festive season, **Bitcoin**, **Ethereum**, and **Dogecoin** have experienced a noticeable decline in their prices. This article delves into the reasons behind this trend and what it could mean for the future of these cryptocurrencies.

### Selling Pressure
Following Christmas, there has been increasing **selling pressure** on these top cryptocurrencies. Investors are reacting to various market signals, leading to a sell-off that has impacted prices across the board.

### Market Sentiment
The overall **market sentiment** has shifted, with many traders expressing **bearish** views post-holiday season. This has contributed to the downward trend observed in major digital assets.

### Conclusion
Understanding the dynamics of the cryptocurrency market is crucial for investors. Keeping an eye on **market trends** and investor behavior can provide insights into potential future movements in prices.

These top cryptocurrencies are seeing selling pressure build following Christmas.

What Caused the Recent Dip in Bitcoin, Ethereum, and Dogecoin After Christmas?

# KISS PR Brand Story Embraces Bitcoin Payments

Dallas, TX, Dec. 26, 2024 (GLOBE NEWSWIRE) - KISS PR Brand Story, a pioneering digital PR and storytelling platform, is thrilled to announce that clients can now pay for services using **Bitcoin (BTC)**, the leading cryptocurrency. This groundbreaking move is part of KISS PR’s mission to make high-quality PR services accessible worldwide, utilizing cutting-edge technology for an exceptional client experience.

![KISS PR](https://news.kisspr.com/system/media_files/images/000/058/793/original_jpeg/unnamed.jpg)

KISS PR Brand Story has established itself as a trusted platform for companies aiming to enhance their visibility through **strategic storytelling**, **SEO**, and **press release distribution**. With over **20 years of experience** and a vast network of **1,000+ media partners**, KISS PR has successfully helped businesses and individuals amplify their brands.

Qamar Zaman, CEO of KISS PR, states, *“At KISS PR Brand Story, we’re always looking for ways to innovate and provide unmatched value to our clients. By accepting Bitcoin payments, we’re embracing the future of digital finance and offering clients a convenient, secure, and forward-thinking way to access our services.”*

## Key Highlights of the Bitcoin Payment Offering:
- **Instant Account Credits**: Clients paying with Bitcoin will receive immediate USD-equivalent credits in their accounts for all KISS PR services.
- **No Refunds**: Bitcoin payments are **non-refundable**, showcasing the platform’s commitment to efficient fund allocation and transparency.
- **Transparent Exchange Rates**: Transactions will reflect the **BTC-to-USD** exchange rate at the time of payment processing, ensuring clarity and fairness.

## About KISS PR Brand Story
KISS PR Brand Story has transformed public relations and storytelling by merging strategic digital PR, SEO, and impactful media exposure. With a proven track record of over **230,000 successful stories**, KISS PR empowers businesses and individuals to thrive in a dynamic digital landscape.

The introduction of Bitcoin payments is a significant step in KISS PR’s journey to provide clients with innovative solutions and lead the PR industry into the future.

For more information on Bitcoin payments or to start your PR journey, visit [KISS PR Brand Story](https://108.181.34.149/Tracker?data=PLCrgzY4mnopqZjMNp_aYewxcat_CzO40lJD1undGlAYePDrzzOYGdXdzKrnfgac296cdsPwkEkc2l1lUeOCwGSKoCWsSyCR16bbYfdBhZ0=&__cpo=aHR0cHM6Ly93d3cuZ2xvYmVuZXdzd2lyZS5jb20) or contact us at [digital@kisspr.com](https://108.181.34.149/Tracker?data=BDUiiEzN9xT8HTb5M_gypYb3ZFaCpyUHNKk5nCR5UdVaDI8lUX4hnsz3o7dKj8pM8ABqyHdXAew4wDkd3slzzhb-KO8g8KpT-oZswU1UwUQ=&__cpo=aHR0cHM6Ly93d3cuZ2xvYmVuZXdzd2lyZS5jb20).

The future of payments is here—pay in Bitcoin and gain instant account credit with KISS PR Brand Story's BTC Gold Storytelling Ecosystem....

KULR Technology Group Makes Waves with $21 Million Bitcoin Acquisition

Summary:

Strategic Move Towards Bitcoin Treasury

Custody and Management through Coinbase

About KULR Technology Group Inc.

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Other Latest News

Is the Bitcoin 'Santa Rally' a Trap? Analyzing Market Trends for BTC, XRP, and DOGE

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Other Latest News

Is the Bitcoin 'Santa Rally' a Trap? Analyzing Market Trends for BTC, XRP, and DOGE

Bitcoin ETF Outflows Surge to $1.5 Billion Amid Price Drop: What It Means for Investors

Unlocking Bitcoin: The ETF Revolution with a Twist!

Could Bitcoin Really Reach $1 Million Next Year? Insights from Bitwise Executive

Unlocking Bitcoin Exposure: Strive's Innovative ETF Tied to MicroStrategy Holdings

What Caused the Recent Dip in Bitcoin, Ethereum, and Dogecoin After Christmas?

Revolutionizing PR: KISS PR Brand Story Now Accepts Bitcoin Payments!